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Wilhelmsen Acquires 50% of NorSea Wind

Jun 05, 2019

Norway-based global maritime industry group Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and it’s subsidiaries to expand its offerings in the the renewable wind energy market.NorSea Wind, founded in 2016 as a subsidiary of  Norsea Group…

16 GW Floating Offshore Wind by 2030

May 31, 2019

More than 16 GW of floating offshore wind to be installed globally by 2030, said a new report. There are more than 1.4 GW of offshore wind auctions Planned in 2019 following a strong showing of 3.3 GW in 2018.Quest Floating Wind Energy‘s latest…

Offshore Wind Farms Boom in Netherlands

May 24, 2019

The Netherlands is about to witness the emergence of significantly larger offshore wind farms, said the Port of Amsterdam.In addition to resulting in estimated double revenues for the wind energy industry by 2030, this will lead to the creation of around 25…

Taiwan Offshore Wind Market to Reach 5.5 GW by 2025

Apr 29, 2019

With significant growth in recent years, Taiwan’s offshore wind market is expected to continue to continually grow, with a goal of achieving 5.5 GW of installed capacity by 2025, said Global Wind Energy Council (GWEC).Wind energy growth in Taiwan…

Europe Invests $30bln in Wind in 2018

Apr 19, 2019

Europe invested a total of EUR27bn (USD 30.34bln) in new wind farms in 2018, allowing it finance a record amount of new wind energy capacity, according to European trade body WindEurope.Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4…

Maryland Act Boosts Offshore Wind Market

Apr 11, 2019

Maryland state lawmakers have passed the Clean Energy Jobs Act (CEJA) of 2019, which would incentivize the development of 1.2 GW of additional offshore wind energy off the coast of Maryland.US Wind Country Manager Salvo Vitale testified last…

GROW, Dutch Ministry to Grow Offshore Innovation

Mar 25, 2019

GROW, a consortium of Dutch offshore wind industry and research partners, and the Dutch Ministry of Economic Affairs and Climate Policy have signed a collaboration agreement to strengthen innovation in offshore wind.'Offshore wind energy is…

Vattenfall's Groebler Named WindEurope Chair

Mar 07, 2019

Gunnar Groebler, Senior Vice President, Business Area Wind at Vattenfall,  has been named chairman of WindEurope’s board of directors.Groebler will replace RES CEO Ivor Catto and will serve an 18-month term. Nordex’s Tony Adams becomes the association’s new vice chair…

Wind Provides 14% of European Electricity

Feb 25, 2019

Wind energy provided 14% of the European Union’s electricity last year, according to figures published by the region’s wind energy trade body, WindEurope, with 11.7 gigawatts (GW) of new capacity added, including 2.65 GW of offshore wind. Continued…

European Offshore Wind Capacity up 18%

Feb 07, 2019

Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by the European Wind Energy Association, WindEurope. That translates to a 18% increase in Europe’s offshore wind capacity.According to WindEurope…

Offshore Wind Energy Market to Grow 20%

Feb 05, 2019

Global offshore wind energy market was valued at $2,727 thousand in 2019, and is expected to reach $11,334 thousand by 2025, registering a CAGR of +20% from 2019 to 2025, said a study.The global offshore wind energy market has been set blazing…

Ørsted Collaborates with US Fishing Coalition on Offshore Wind

Jan 17, 2019

Global developer of offshore wind farms Ørsted U.S. Offshore Wind has entered into a partnership agreement with Responsible Offshore Development Alliance (RODA) to improve communications between the seafood industry and offshore wind energy developers…

Offshore Wind Market Expected to Reach $50 bln by 2023

Jan 15, 2019

The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The growth in this sector can be attributed to the increasing demand for clean and reliable…

New Jersey Offshore Wind Energy Project Receives 3 Bids

Jan 03, 2019

The state Board of Public Utilities said Monday it received three bids from firms interested in building wind projects, but it wouldn’t identify any of them, according to Institute for Energy Economics and Financial Analysis (IEEFA).According to IEEFA…

COWI Expands in US Offshore Wind Energy

Nov 15, 2018

In a major developement, international consulting group COWI announced it plan to increase its presence in the USA significantly with the consultancy contract with Vineyard Wind in Massachusetts – the first major US offshore wind energy project…

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